Energizer Begin Period Cash Flow vs Change To Inventory Analysis

ENR Stock  USD 36.80  0.14  0.38%   
Energizer Holdings financial indicator trend analysis is much more than just examining Energizer Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Energizer Holdings is a good investment. Please check the relationship between Energizer Holdings Begin Period Cash Flow and its Change To Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energizer Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Energizer Stock, please use our How to Invest in Energizer Holdings guide.

Begin Period Cash Flow vs Change To Inventory

Begin Period Cash Flow vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Energizer Holdings Begin Period Cash Flow account and Change To Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Energizer Holdings' Begin Period Cash Flow and Change To Inventory is -0.46. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Energizer Holdings, assuming nothing else is changed. The correlation between historical values of Energizer Holdings' Begin Period Cash Flow and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Energizer Holdings are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Begin Period Cash Flow i.e., Energizer Holdings' Begin Period Cash Flow and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Energizer Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Energizer Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Energizer Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Energizer Stock, please use our How to Invest in Energizer Holdings guide.At this time, Energizer Holdings' Selling General Administrative is relatively stable compared to the past year. As of 12/13/2024, Sales General And Administrative To Revenue is likely to grow to 0.21, while Tax Provision is likely to drop slightly above 15.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense158.4M168.7M155.7M130.2M
Depreciation And Amortization121.6M122.7M120.5M85.8M

Energizer Holdings fundamental ratios Correlations

0.630.360.43-0.05-0.280.80.650.72-0.130.640.51-0.29-0.130.770.730.620.760.340.30.60.750.560.62-0.310.79
0.630.710.87-0.270.190.850.990.880.310.990.57-0.050.310.620.960.980.80.670.10.990.490.950.96-0.680.77
0.360.710.630.090.090.450.620.460.060.680.12-0.190.060.320.650.630.370.360.250.650.260.730.75-0.380.42
0.430.870.63-0.220.240.660.830.710.480.830.34-0.060.480.270.760.790.490.910.070.860.360.920.85-0.590.48
-0.05-0.270.09-0.22-0.35-0.08-0.38-0.27-0.78-0.26-0.68-0.29-0.78-0.09-0.26-0.44-0.19-0.170.88-0.42-0.19-0.29-0.110.86-0.09
-0.280.190.090.24-0.35-0.230.2-0.020.610.2-0.030.920.61-0.24-0.010.22-0.140.09-0.480.23-0.20.150.0-0.33-0.25
0.80.850.450.66-0.08-0.230.860.92-0.060.870.6-0.35-0.060.770.930.820.940.550.350.820.620.750.87-0.420.96
0.650.990.620.83-0.380.20.860.90.340.990.68-0.010.340.660.970.990.840.640.00.990.510.920.92-0.730.8
0.720.880.460.71-0.27-0.020.920.90.120.910.69-0.160.120.670.940.880.90.540.090.870.650.740.86-0.590.91
-0.130.310.060.48-0.780.61-0.060.340.120.260.280.441.0-0.190.150.39-0.070.41-0.740.420.00.430.16-0.75-0.17
0.640.990.680.83-0.260.20.870.990.910.260.6-0.020.260.630.970.970.840.620.10.980.50.910.95-0.660.81
0.510.570.120.34-0.68-0.030.60.680.690.280.6-0.070.280.580.690.70.740.27-0.40.650.420.460.49-0.750.62
-0.29-0.05-0.19-0.06-0.290.92-0.35-0.01-0.160.44-0.02-0.070.44-0.19-0.20.01-0.2-0.14-0.470.0-0.18-0.13-0.27-0.13-0.32
-0.130.310.060.48-0.780.61-0.060.340.121.00.260.280.44-0.190.150.39-0.070.41-0.740.420.00.430.16-0.75-0.17
0.770.620.320.27-0.09-0.240.770.660.67-0.190.630.58-0.19-0.190.740.640.80.170.250.590.580.530.56-0.30.83
0.730.960.650.76-0.26-0.010.930.970.940.150.970.69-0.20.150.740.960.90.570.130.950.570.880.94-0.650.9
0.620.980.630.79-0.440.220.820.990.880.390.970.70.010.390.640.960.820.58-0.080.990.490.910.91-0.790.78
0.760.80.370.49-0.19-0.140.940.840.9-0.070.840.74-0.2-0.070.80.90.820.350.210.790.590.640.79-0.470.96
0.340.670.360.91-0.170.090.550.640.540.410.620.27-0.140.410.170.570.580.350.130.660.240.760.66-0.40.32
0.30.10.250.070.88-0.480.350.00.09-0.740.1-0.4-0.47-0.740.250.13-0.080.210.13-0.050.090.070.260.630.3
0.60.990.650.86-0.420.230.820.990.870.420.980.650.00.420.590.950.990.790.66-0.050.480.940.93-0.780.75
0.750.490.260.36-0.19-0.20.620.510.650.00.50.42-0.180.00.580.570.490.590.240.090.480.430.43-0.350.65
0.560.950.730.92-0.290.150.750.920.740.430.910.46-0.130.430.530.880.910.640.760.070.940.430.92-0.680.63
0.620.960.750.85-0.110.00.870.920.860.160.950.49-0.270.160.560.940.910.790.660.260.930.430.92-0.570.79
-0.31-0.68-0.38-0.590.86-0.33-0.42-0.73-0.59-0.75-0.66-0.75-0.13-0.75-0.3-0.65-0.79-0.47-0.40.63-0.78-0.35-0.68-0.57-0.39
0.790.770.420.48-0.09-0.250.960.80.91-0.170.810.62-0.32-0.170.830.90.780.960.320.30.750.650.630.79-0.39
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Energizer Holdings Account Relationship Matchups

Energizer Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding68.8M68.7M69.9M72.4M72.7M73.0M
Total Assets5.7B5.0B4.6B4.5B4.3B3.7B
Other Current Liab378.5M326.5M297.2M288.7M331.3M333.9M
Total Current Liabilities1.6B946.4M697.9M734.2M819.8M827.3M
Total Stockholder Equity309.1M355.7M130.6M210.7M135.8M211.2M
Other Liab352M269.7M156M147.9M170.1M161.6M
Property Plant And Equipment Net474M495.2M462.2M462.1M474.8M360.6M
Net Debt3.8B3.3B3.4B3.2B3.1B2.2B
Accounts Payable378.1M454.8M329.4M370.8M433.1M317.9M
Cash459.8M238.9M205.3M223.3M216.9M317.1M
Non Current Assets Total3.5B3.6B3.0B3.0B2.9B2.2B
Non Currrent Assets Other64.3M94.1M126M159.2M148.6M109.5M
Other Assets118.4M147.7M221M237M213.3M229.2M
Cash And Short Term Investments459.8M238.9M205.3M223.3M216.9M317.1M
Net Receivables292M292.9M421.7M511.6M441.3M341.2M
Good Will1.0B1.1B1.0B1.0B1.0B637.7M
Liabilities And Stockholders Equity5.7B5.0B4.6B4.5B4.3B3.7B
Non Current Liabilities Total3.8B3.7B3.7B3.6B3.4B2.6B
Inventory511.3M728.3M771.6M649.7M657.3M514.5M
Other Current Assets947.8M179.4M191.4M172M163.4M198.9M
Other Stockholder Equity682.3M590.4M579.8M512.4M444.8M514.2M
Total Liab5.4B4.7B4.4B4.3B4.2B3.4B
Property Plant And Equipment Gross474M495.2M462.2M462.1M1.2B1.2B
Total Current Assets2.2B1.4B1.6B1.6B1.5B1.5B
Accumulated Other Comprehensive Income(307.7M)(230.4M)(145.3M)(137.7M)(180.6M)(189.6M)
Intangible Assets1.9B1.9B1.3B1.2B1.1B941.7M
Property Plant Equipment352.1M495.2M462.2M462.1M531.4M333.7M
Net Tangible Assets(2.6B)(2.6B)(2.2B)(2.0B)(1.8B)(1.9B)
Retained Earnings(66.2M)(5M)(304.7M)(164.8M)(128.4M)(122.0M)
Long Term Debt3.3B3.3B3.5B3.3B3.2B2.5B
Short Long Term Debt845.1M117M18.4M20.2M14.1M13.4M
Short Term Debt861.6M134.8M34.6M37.8M32.9M31.3M
Short Long Term Debt Total4.3B3.6B3.6B3.5B3.3B3.0B
Long Term Debt Total3.5B3.3B3.3B3.5B4.0B2.4B
Capital Surpluse870.3M859.2M832M828.7M953.0M574.9M

Pair Trading with Energizer Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energizer Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energizer Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Energizer Stock

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The ability to find closely correlated positions to Energizer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energizer Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energizer Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energizer Holdings to buy it.
The correlation of Energizer Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energizer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energizer Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energizer Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Energizer Stock Analysis

When running Energizer Holdings' price analysis, check to measure Energizer Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energizer Holdings is operating at the current time. Most of Energizer Holdings' value examination focuses on studying past and present price action to predict the probability of Energizer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energizer Holdings' price. Additionally, you may evaluate how the addition of Energizer Holdings to your portfolios can decrease your overall portfolio volatility.